Core Viewpoint - Graphjet Technology has successfully developed graphite suitable for battery anode material and is moving forward with collaborations and supply agreements with customers [1][3]. Company Developments - The company is transitioning from a developmental stage to a full-fledged graphite producer, capitalizing on the current demand for graphite [3]. - Graphjet has engaged a prominent investment bank to assist in the distribution of additional shares to improve liquidity following an upcoming share consolidation [2][4]. - The company plans to ensure that the share consolidation does not negatively impact long-term liquidity and has sought professional advice on this matter [4]. Technological Innovation - Graphjet Technology is recognized for its patented technology that recycles palm kernel shells to produce single-layer graphene and artificial graphite, marking a significant advancement in sustainable production methods [5].

Company Overview - Graphjet Technology has developed patented technology to recycle palm kernel shells into single layer graphene and artificial graphite, positioning itself as an innovative producer in the graphene and graphite market [6] Collaboration and Research - Graphjet has agreed to collaborate with the Centre for Materials Engineering and Smart Manufacturing (MERCU) at Universiti Kebangsaan Malaysia (UKM) to utilize graphite and graphene in additive manufacturing technology for advanced heat sinks [1][2] - The collaboration is part of the Consortium of Research Excellence (KKP) 2025 under the Malaysian Ministry of Higher Education [1] Technological Advancements - The completion of a new laboratory enhances Graphjet's capability for quality testing and research on its graphite and graphene products, reducing reliance on third-party testing services and improving turnaround times for development programs [2] - The focus on additive manufacturing technology aims to improve existing heat sinks and develop new advanced heat sinks, particularly for data centers [3] Market Demand - There is a surging demand for specialized chips, especially AI chips, which require more efficient cooling solutions, thus increasing the need for advanced heat sinks [3] - The data center industry is booming in Malaysia and Southeast Asia, with major companies like Amazon Web Services, Microsoft, Google Cloud, Alibaba Cloud, and Equinix & NTT investing in the region [4]

Core Insights - Graphjet Technology received a visit from management executives of a leading South Korean conglomerate, marking a significant step towards potential supply agreements in the battery materials sector [1][4] - The South Korean group reported consolidated revenues of KRW72.688 trillion (USD 52.6 billion) in 2024, with a focus on high-growth sectors such as lithium extraction and carbon-neutral technologies [2] - Discussions during the visit centered on Graphjet's graphite materials, clean energy integration, and next-generation battery development [3] Company Overview - Graphjet Technology, founded in 2019 in Malaysia, specializes in producing graphene and graphite using patented technology that recycles palm kernel shells [4] - The company's sustainable production methods aim to transform the global graphite and graphene supply chain [4] Industry Context - The South Korean conglomerate is recognized as an emerging leader in the battery materials industry, with a strategic roadmap focused on energy transition and sustainability [2] - The visit opens opportunities for Graphjet to supply products to major battery manufacturers and AI chip producers in Asia and North America [4]

Core Insights - Graphjet Technology is set to receive new equipment and machinery in Malaysia, which is expected to significantly enhance production capacity and capabilities [1][2] - The new equipment can produce approximately seven times more than the existing machinery, improving both the quantity and quality of graphite produced [2] - The company aims to meet the growing demand for environmentally friendly graphite, particularly for applications in EV batteries and semiconductors [3] Company Overview - Graphjet Technology, founded in 2019 in Malaysia, specializes in producing graphene and graphite from agricultural waste, specifically palm kernel shells [4] - The company holds a patented technology that recycles palm kernel shells, positioning itself as a sustainable player in the graphite and graphene supply chain [4]

Core Insights - Volt Carbon Technologies has consolidated all operations to its Guelph, Ontario facility as of July 15, 2025, decommissioning the Scarborough site to streamline operations and accelerate commercialization of its mobile graphite purification technology [1][2] Operations and Production - The Guelph facility centralizes graphite processing, customer trials, and equipment fabrication, enabling scaling of mobile purification units and enhancing research and development efforts [2] - Over 500 process trials were conducted at the Scarborough facility on 4 tonnes of graphitic rock, resulting in approximately 50 kilograms of purified large flake graphite now stored in Guelph for anode and graphene trials [2] - The Guelph plant is producing small batches of expandable graphite, graphite foils, and graphene for customer evaluation and development programs [2] Technology and Equipment - Two bench-model air classifier units have been fabricated for mobile deployment, utilizing Volt Carbon's patented dry separation technology in modular, containerized systems [3] - A bulk sample of 40 tonnes of graphitic rock with grades ranging from 8-20% carbon content has been stockpiled at the Guelph site for upcoming pilot-scale production campaigns [4] - Facility upgrades include the installation of X-ray fluorescence (XRF) and thermal testing apparatus, improving quality control and shortening development timelines [4] Intellectual Property - Volt Carbon has expanded its intellectual property portfolio, including the grant of U.S. Patent No. 12341150B2 and Canadian Patent No. 3134407 for its metal-organic framework (MOF) electrolyte used in lithium-metal battery applications [5][6] Battery Development - The company has achieved 1,100 charge-discharge cycles with 80% capacity retention in its proprietary lithium iron phosphate (LFP) battery, demonstrating long-term cycling stability [7] - Volt Carbon's lithium-metal battery featuring high-nickel NMC811 cathodes has achieved 800 cycles with 80% capacity retention at an energy density of 400 Wh/kg [8] - The company aims to optimize its high-nickel NMC/lithium-metal technology to achieve 1,000 cycles with 80% capacity retention in the next development phase [9] Strategic Vision - The CEO emphasized the importance of investment in people, equipment, and capabilities, positioning Volt Carbon for long-term success and supporting the future of energy and mobility [10]

Company Overview - Graphjet transforms palm kernel shells into high-quality artificial graphite and graphene materials[9] - The company's proprietary manufacturing technology reduces carbon footprint by up to 83% and costs by up to 80%[10, 14] - Commercial scale production began in November 2024 in Malaysia[9, 22] Market Opportunity - The global graphite market was $17.5 billion in 2022 and is projected to reach $25 billion in 2027, with a CAGR of 7.3%[14] - The global graphite market is anticipated to grow from US$22B up to US$50B at an 8.5% CAGR from 2021 to 2031[41] - The global EV market is forecasted to grow at an estimated 29% CAGR from 2020 to 2030[43] Competitive Advantages - Palm kernel shell graphene production reduces carbon emissions by up to 83% compared to competitors[14, 37] - Graphjet's direct material cost for graphene is $3,498 per ton, significantly lower than the market price of $6,000 to $10,000 per ton for mineral graphene[36] - Graphjet's palm kernel shell graphite is cost-effective at $4,545 per ton, compared to $8,000 to $11,000 per ton for mineral graphite and $20,000 per ton for artificial coal/petroleum-based graphite[36] Strategic Positioning - Malaysia generates approximately 5 million tons of palm kernel shells annually, providing a sustainable source for graphite and graphene production[23, 35] - China holds 74% of the total supply chain for graphite anodes[48]